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India’s Foodgrain Production estimated to decline by 4.6%
New Delhi, Aug 17: The Indian foodgrain production is projected to decline by 4.66 percent to 252.68 million tonnes in 2014-15 due to "setbacks" in kharif and rabi seasons, the agriculture ministry said on Monday.
"Production of kharif…
Trade Data subdues Sentiments; BSE Sensex down 189 Points
Mumbai, Aug 17: A sharp fall in last month's trade data subdued investor sentiment, leading to a barometer index of the Indian equity markets closing 189 points down on Monday.
The barometer 30-scrip sensitive index (Sensex) of the S&P…
IndiGo orders 250 more Airbus Aircraft, Deal pegged at $25 bn
New Delhi, Aug 17: Budget airline IndiGo on Monday said that it has finalised a pact with global aerospace major Airbus for the purchase of 250 A320 neo aircraft. The deal is expected to be worth a little over $25 billion.
"We have…
India has $1 trillion Investment Potential, PM Modi tells UAE
Abu Dhabi, Aug 17: Prime Minister Narendra Modi on Monday urged top UAE businesses to invest in India, saying the country provides a $1 trillion potential.
Addressing an investors meet in Masdar City, a zero carbon city, Modi also…
Japan’s GDP shrinks by 1.6 Percent in Q2 of 2015-16
Tokyo, Aug 17: Japan's gross domestic product (GDP) shrank 1.6 percent in the second quarter of 2015, contracting for the first time in three quarters, government data said on Monday.
The data said real GDP of Japan in the three month…
Air India to run 230 Special Flights for Haj Pilgrims
Mumbai, Aug 16: State-run Air India on Sunday said it will operate 230 special flights for Haj pilgrims from seven places in India -- Delhi, Srinagar, Mumbai, Kochi, Hyderabad, Nagpur and Goa -- directly to Jeddah in Saudi Arabia.
"A…
Birla Corp in Rs.5,000 cr Deal with Lafarge for Cement Units
Kolkata, Aug 17: The M.P. Birla Group on Monday said it was acquiring the cement business of Lafarge India for Rs.5,000 crore through a combination of internal accruals and fresh debt to add another 5.5 million tonnes in annual capacity.…
50 Indian Companies to promote ‘Brand India’ at Nigeria show
Lagos, Aug 16: Around 50 Indian companies, including Godrej, Airtel and Kirloskar, will take part in a show organised by the Indian High Commission here from August 25 to 27 to showcase their expertise and promote "Brand India".
The show…
Indian Companies laud PM Modi’s ‘Start up India’ call
New Delhi, Aug 16: Prime Minister Narendra Modi's 69th Independence Day address to the nation with the slogan "Start up India, Stand up India" was lauded on Sunday by a host of companies in areas like mobile technology startup, mobile…
BSE Sensex plunges 272 Points in Morning Trade
Mumbai, Aug 17: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday plunged 271.88 points or 0.97 percent during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE)…